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Showing posts from September 15, 2013

BANKNIFTY UPDATE

BANKNIFTY has given breakout from wedge pattern and trading above 100WMA. On upside immediate resistance is 11210-11300 and above that 11650 being 50WMA and downside immediate support is 10800   being 100WMA Today we are expecting highly volatile session being RBI policy Review. Our WEEKLY JBNSAR system given long signal @9450 on 5th sep 2013 there by given gain of  1500+ points for 2nd lot.  As per  WEEKLY JBNSAR  system,  Longs (2 lots) given 2000 points gain so one may book 2nd lot also above 11000 .. and risk taker only hold...

BANKNIFTY breakout from FALLING WEDGE PATTERN and trading above 100WMA

(weekly chart banknifty) Banknifty has given a breakout from  falling wedge pattern  (shown with black dotted lines) and stochastic already given positive cross over and MACD yet to give..... Banknifty is trading above 100 Week Moving average i.e. 10790-10800. On 5th Sep 201 3  our  Weekly JBNSAR  system given long signal  @9450  and one lot booked near  9800-10000  zone  (gain of 400-500+ points)  and 2nd lot shall be held till  Weekly JBNSAR  reverses i.e.  9665 (till 20th sep 2013) Note: To read more on  'Falling Wedge Pattern '  go to following link: http://justbanknifty.blogspot.in/2013/04/banknifty-weekly-analysis-and-fallling.html#more On right side of blog,  Daily and weekly Agni/JBNSAR levels   are mentioned they act as important support / resistance levels.. Positional traders should trade with  weekly JBNSAR.  

WEEKLY JBNSAR AND STOP LOSS TECHNIQUE FOR BANKNIFTY

(OM SHRI GANESHAYA NAMAH) We are happy to introduce a 'Weekly JBNSAR and Stop loss Technique' for banknifty.  Banknifty is highly volatile index and hence one need reliable system for entry, exit and stop loss with less whipsaw. Weekly JBNSAR is used for positional trades in banknifty without any fear. It is capable to capture the big moves in banknifty . It will help you to trade in professional manner without any greed or fear. One just need to follow the system with proper discipline. We also combined our Weekly JBNSAR technique with our unique stop loss technique.  Summary of backtesting of trades based on 'Weekly JBNSASR and Stoploss Technique' : Particulars                                     No. of trades   No.of Points(2lot) Positive Trades                             ...

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